This 2.42-acre parcel presents a unique investment opportunity, strategically located near Indian River State College, HCA Florida Lawnwood Hospital, Lawnwood Stadium, and the St. Lucie County Administrative Offices. Ideal for residential development, the property is currently zoned for up to 10 units per acre, with the potential for up to 12 units through bonus density requirements. A pre-luminary due diligence report is included, further detailing the development possibilities.Previously approved for 48 townhomes in 2006, the site is well-positioned for profitable development.